Piper Sandler analyst John Barnidge reiterated a Hold rating on Horace Mann Educators (HMN – Research Report) today and set a price target of $36.00. The company’s shares closed yesterday at $33.27.
Barnidge covers the Financial sector, focusing on stocks such as American Equity Investment Life, Horace Mann Educators, and Metlife. According to TipRanks, Barnidge has an average return of 9.0% and a 55.39% success rate on recommended stocks.
Currently, the analyst consensus on Horace Mann Educators is a Hold with an average price target of $36.00.
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HMN market cap is currently $1.36B and has a P/E ratio of -494.35.
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Horace Mann Educators Corp. is an insurance holding company, which engages in the market and underwrites personal lines of property and casualty primarily personal lines automobile and homeowners insurance, retirement annuities, including primarily tax-qualified products and life insurance in the United States. It operates through the following business segments: Property and Casualty; Retirement; Life; Corporate and Other. The Property and Casualty segment focuses on personal lines automobile and property insurance products. The Retirement segment comprises of tax-qualified fixed and variable annuities. The Life segment offers life insurance. The Corporate and Other segment includes interest expense on debt, the impact of realized investment gains and losses and certain public company expenses. The company was founded by Carrol Hall and Leslie Nimmo in 1945 and is headquartered in Springfield, IL.
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